The company is still loss making so revenue from sales is already spent before it is earned.
From the most recent 4C:
Receipts from Customers: $89,000
Staff Costs: $165,000
Difference: -$76,000
There's no money to expand. That comes from tapping the market.
Also worth a mention:
MGC Derma JV partner operational costs: $218,000 (2.45 x receipts from customers)
Here's a question for you......, page-8
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.0¢ |
Change
0.035(11.5%) |
Mkt cap ! $16.45M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 34.0¢ | 30.0¢ | $1.873K | 5.613K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43905 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 483 | 3 |
View Market Depth
| Last trade - 15.32pm 02/09/2024 (20 minute delay) ? |
| RGT (ASX) Chart |